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515-523 South Ave West Westfield, NJ $ 2,100,000
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$ 2,100,000 Get more info
515-523 South Ave West
$ 2,100,000
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Share Save

515-523 South Ave West

Westfield, NJ, 07090
$ 2,100,000
Baths0.7 Sq 3,000

Monthly Estimate*

$ 14,669

515-523 South Ave West, Westfield, NJ 07090 - Image 1
515-523 South Ave West, Westfield, NJ 07090 - Image 2
Studio

Commercial Property for sale in Westfield, NJ

for $2,100,000 with 7 half baths. This 3,000 square foot building was built on a lot size of 0.25.

FOR SALE: ALL 3 BUILDINGS LOCATED ON WESTFIELD'S WATTERSON CIRCLE. CONSISTS OF LIONS ROAR BREWERY PLUS TWO-3 BEDROOM APARTMENTS ON THE 2ND FLOOR, PRESTIGE AUTO SALON AND 515 SOUTH AVE WEST WHICH IS 1,200 SQUARE FEET 1ST FLOOR STOREFRONT AND 1,200 SQUARE FEET 2ND FLOOR 3 BEDROOM APARTMENT. PARKING LOTS AND DRIVEWAYS INCLUDED. 7 UNITS TOTAL...THREE 3-BEDROOM APARTMENTS/4 COMMERCIAL UNITS.

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Commercial Active

Price

$ 2,100,000

Bedrooms

Studio

Half Bath

7

Property Type

Commercial

Taxes

$ 32,792

Style

MixedUse

Lot Size

0.25

Town/City

Westfield

County/Region

Union

MLS | Web ID

3865542
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling Central Air Window A/C(s)
Utilities All Underground
Possession negotiable
Roof Flat
Zoning General Busin
Garage Spaces 16
Year Built 9999
Township Westfield Town
Property Type Mixed Use MixedUse
Tax Year 2022
Percent Ownership Fee Simple
Location Business District See Remarks
Lease Information 3-5 Year Minimum
Gross Income 117000
County Union
Net Operating Income 81000
Operating Expense 36000
Subdivision Name Watterson Circle
Status Active
Directions On the Circle in Westfield. Parking available in both the East and West lots.
Total Units 7
Street Name South Ave West
Tax Annual Amount 32792
Drive Blacktop Off-Street Parking Parking Lot-Exclusive See Remarks
Leasable Area 1200
Days on Market 0
Lease Type Modified
Standard Status Active
Tax Assessed Value 1449700
Town # 2920
Tax Lot 4
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Interior
Basement Full
Flooring Concrete Laminate Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 7
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Exterior
Water Source Public Water
Total Parking 16
Exterior Description Brick/Block
Building Area Total 7400
Lot Dimensions .277
Lot Size Acres 0.25
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* Excluded Features
List By
JOHN CLARK WILEY

Listing Agent

Coldwell Banker Realty

Broker

john.wiley@cbmoves.com

Email

Affordability Calculator

$17,402
Per Month
84%
16%
0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
$2,733
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/19/2023$2,100,000 Listed Price

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515-523 South Ave West, Westfield, NJ, 07090 is a Commercial Property for sale at $2,100,000 with 3,000 sqft and a lot size of 0.25. 515-523 South Ave West is a studio with 0.7 baths. The property's zip code is 07090 which is in Westfield, NJ

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